Subaru to cut production at plants in Japan and the US due to global chip shortages

© Reuters.

TOKYO (Reuters) – Japanese automaker Subaru (OTC 🙂 Corp said on Thursday it would cut production this month by “several thousand” vehicles at plants in Japan and the United States, citing a global semiconductor shortage. A spokesman said Subaru will adjust production at the Gunma, Japan and Indiana factories, reducing production by several thousand vehicles at each, without specifying exactly how many fewer cars will be made. Subaru will also examine in the future whether there will be further cuts starting in February, he said. Global automakers have been hit by a global scramble for semiconductors as demand recovers from the coronavirus crisis. Subaru’s competitor, Nissan (OTC 🙂 Motor Co Ltd, said it planned to reduce production of the Note, a hybrid electric car, at its Oppama plant in Kanagawa prefecture, Japan, while Honda Motor Co also said on 8 January that its domestic production could be affected by the shortage of chips.

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